Palestine Telecommunications Company P.L.C (PEX:PALTEL)

PEX:PALTEL Income Statement

Financials in millions JOD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	268.24	241.13	280.44	308.9	308.58	296.77
Revenue Growth (YoY)	12.18%	-14.02%	-9.21%	0.10%	3.98%	-0.29%
Cost of Revenue	51.45	47.6	58.29	62.98	62.09	69.4
Gross Profit	216.79	193.53	222.16	245.92	246.49	227.36
Selling, General & Admin	99.84	93.88	102.21	117.34	114.94	96.47
Amortization of Goodwill & Intangibles	12.12	12.12	12.56	12.2	11.38	11.23
Other Operating Expenses	-2.11	-8.28	-0.41	2.09	1.87	1.74
Operating Expenses	153.54	141.41	161.28	169.4	170.33	162.93
Operating Income	63.25	52.12	60.88	76.53	76.16	64.43
Interest Expense	-7.2	-6.87	-8.27	-5.74	-0.31	-7.63
Interest & Investment Income	0.85	0.52	1.14	2.27	7.02	5.96
Earnings From Equity Investments	0.79	0.79	-0.29	0.61	1.49	3.11
Currency Exchange Gain (Loss)	2.19	2.19	2.92	-1.14	0.53	1.53
Other Non Operating Income (Expenses)	-	-	-	2.29	-10.04	-1.1
EBT Excluding Unusual Items	59.88	48.75	56.38	74.82	74.85	66.3
Gain (Loss) on Sale of Investments	-	-	-	-	-	-5.66
Gain (Loss) on Sale of Assets	2.39	2.39	0.44	-0.04	0.75	-0.03
Asset Writedown	-1.94	-1.94	-2.44	-	-	-
Pretax Income	60.32	49.19	54.38	74.78	75.6	60.6
Income Tax Expense	9.5	7.26	11.03	17.69	18.43	17.11
Earnings From Continuing Operations	50.83	41.94	43.35	57.1	57.17	43.49
Earnings From Discontinued Operations	-	-	-	8.77	10.85	-
Net Income to Company	50.83	41.94	43.35	65.87	68.02	43.49
Minority Interest in Earnings	-0.2	-0.15	-0.01	-0.62	-0.59	-0.45
Net Income	50.63	41.79	43.34	65.24	67.43	43.04
Net Income to Common	50.63	41.79	43.34	65.24	67.43	43.04
Net Income Growth	35.24%	-3.57%	-33.58%	-3.24%	56.67%	-32.72%
Shares Outstanding (Basic)	132	132	132	132	132	132
Shares Outstanding (Diluted)	132	132	132	132	132	132
EPS (Basic)	0.38	0.32	0.33	0.50	0.51	0.33
EPS (Diluted)	0.38	0.32	0.33	0.50	0.51	0.33
EPS Growth	35.28%	-3.57%	-33.58%	-3.24%	56.67%	-32.72%
Free Cash Flow	59.38	50.61	35.95	36.88	109.09	66.19
Free Cash Flow Per Share	0.45	0.38	0.27	0.28	0.83	0.50
Dividend Per Share	0.300	0.300	0.300	0.400	0.400	0.300
Dividend Growth	-	-	-25.00%	-	33.33%	-25.00%
Gross Margin	80.82%	80.26%	79.22%	79.61%	79.88%	76.61%
Operating Margin	23.58%	21.62%	21.71%	24.77%	24.68%	21.71%
Profit Margin	18.87%	17.33%	15.45%	21.12%	21.85%	14.50%
Free Cash Flow Margin	22.14%	20.99%	12.82%	11.94%	35.35%	22.30%
EBITDA	115.19	102.1	108.59	121.73	122.93	113.89
EBITDA Margin	42.94%	42.34%	38.72%	39.41%	39.84%	38.38%
D&A For EBITDA	51.94	49.98	47.72	45.2	46.77	49.46
EBIT	63.25	52.12	60.88	76.53	76.16	64.43
EBIT Margin	23.58%	21.62%	21.71%	24.77%	24.68%	21.71%
Effective Tax Rate	15.74%	14.75%	20.28%	23.65%	24.38%	28.23%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.